Mexico Animal Drug Compounding Market Size & Outlook
The animal drug compounding market in Mexico is expected to reach a projected revenue of US$ 58.2 million by 2030. A compound annual growth rate of 9.1% is expected of Mexico animal drug compounding market from 2023 to 2030.
Revenue, 2022 (US$M)
$29.1
Forecast, 2030 (US$M)
$58.2
CAGR, 2023 - 2030
9.1%
Report Coverage
Mexico
Mexico animal drug compounding market, 2018-2030 (US$M)
Related Markets
Mexico animal drug compounding market highlights
- The Mexico animal drug compounding market generated a revenue of USD 29.1 million in 2022 and is expected to reach USD 58.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 9.1% from 2023 to 2030.
- In terms of segment, oral was the largest revenue generating route of administration in 2022.
- Topical is the most lucrative route of administration segment registering the fastest growth during the forecast period.
Animal drug compounding market data book summary
| Market revenue in 2022 | USD 29.1 million |
| Market revenue in 2030 | USD 58.2 million |
| Growth rate | 9.1% (CAGR from 2022 to 2030) |
| Largest segment | Oral |
| Fastest growing segment | Topical |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oral, Injectable, Topical, Other Routes |
| Key market players worldwide | Partners Group Holding AG, Vimian Group AB, Pharmaca, Akina, Triangle Compounding Pharmacy, Central Compounding Pharmacy, Wellness Compounding Pharmacy, Miller Pharmacy |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.2% of the global animal drug compounding market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil animal drug compounding market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 58.2 million by 2030.
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Animal Drug Compounding Market Scope
Animal drug compounding market segmentation & scope
Animal Drug Compounding Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico animal drug compounding market size, by route of administration, 2018-2030 (US$M)
Mexico Animal Drug Compounding Market Outlook Share, 2022 & 2030 (US$M)
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